Verb Technology (NASDAQ:TONX) CEO Kevin Mark Wilson Purchases 3,700 Shares

Verb Technology Company, Inc. (NASDAQ:TONX) CEO Kevin Mark Wilson purchased 3,700 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were acquired at an average price of $2.75 per share, for a total transaction of $10,175.00. Following the completion of the transaction, the chief executive officer owned 1,149,220 shares in the company, valued at $3,160,355. The trade was a 0.32% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Kevin Mark Wilson also recently made the following trade(s):

• On Friday, August 14th, Kevin Mark Wilson acquired 3,600 shares of Verb Technology stock. The stock was acquired at an average price of $2.67 per share, with a total value of $9,612.00.

Verb Technology Stock Down 7.6%

TONX traded down $0.22 during trading on Friday, hitting $2.69. The company’s stock had a trading volume of 595,999 shares, compared to its average volume of 434,172. The company has a market capitalization of $148.14 million, a PE ratio of -0.95 and a beta of 0.68. The company’s 50 day moving average price is $3.12. Verb Technology Company, Inc. has a 12 month low of $1.75 and a 12 month high of $22.91.

Verb Technology (NASDAQ:TONX) last announced its earnings results on Tuesday, May 12th. The company reported ($1.56) EPS for the quarter. Verb Technology had a negative return on equity of 58.69% and a negative net margin of 532.78%.The business had revenue of $5.25 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Verb Technology from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, July 6th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

About Verb Technology

Verb Technology Company, Inc is a software-as-a-service company focused on interactive video-based sales and marketing solutions. The company’s technology is designed to help businesses engage customers, promote products, and drive online commerce through live and recorded video experiences.

Verb’s platform has included tools for customer engagement, event hosting, and digital commerce, with a particular emphasis on enabling sales teams and content creators to communicate directly with audiences in an interactive format.